Sichuan Anning Iron and Titanium Co.,Ltd.

SZSE:002978 Stock Report

Market Cap: CN¥12.0b

Sichuan Anning Iron and TitaniumLtd Valuation

Is 002978 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 002978 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002978 (CN¥29.91) is trading above our estimate of fair value (CN¥8.51)

Significantly Below Fair Value: 002978 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002978?

Key metric: As 002978 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002978. This is calculated by dividing 002978's market cap by their current earnings.
What is 002978's PE Ratio?
PE Ratio13.2x
EarningsCN¥907.64m
Market CapCN¥11.97b

Price to Earnings Ratio vs Peers

How does 002978's PE Ratio compare to its peers?

The above table shows the PE ratio for 002978 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average91.8x
000795 Innuovo Technology
57.7xn/aCN¥12.2b
000762 Tibet Mineral Development
63.7x48.5%CN¥12.9b
000688 GuoCheng MiningLTD
136.3xn/aCN¥16.0b
601020 Tibet Huayu Mining
109.5xn/aCN¥11.2b
002978 Sichuan Anning Iron and TitaniumLtd
13.2x15.5%CN¥12.0b

Price-To-Earnings vs Peers: 002978 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (91.8x).

Price to Earnings Ratio vs Industry

How does 002978's PE Ratio compare vs other companies in the CN Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600117 Xining Special Steel.Co.Ltd
3.5xn/aUS$1.19b
No more companies available in this PE range
002978 13.2xIndustry Avg. 27.7xNo. of Companies21PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002978 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the CN Metals and Mining industry average (28.1x).

Price to Earnings Ratio vs Fair Ratio

What is 002978's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

002978 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.2x
Fair PE Ratio18.1x

Price-To-Earnings vs Fair Ratio: 002978 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (18.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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